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e t u l o s b A
Madison County, Iowa
June 18, 2015 | 10:00 am | Winterset, Iowa Joint Auction In Cooperation With
Tract 2 Tract 3
Peoples Company Listing
#12500 Farmers National Listing
#L1500423 Kyle Walker: 515.291.5766 Rod Good: 515.250.1119 Auctioneer: Eric Mueller 402.660.1044 Joint Auction In Cooperation With
Tract 4
Tract 1: 80 Acres
Tract 2: 121.77 Acres
Opportunity to purchase productive farmland in an area known for quality tillable and recreational ground. 310.57 total acres m/l of Madison County farmland to be sold at public auction in five tracts. Total of 263.31 m/l FSA tillable acres with tracts ranging from 12 acres to 121.77 acres. Top three soils on each tillable tract are Sharpsburg, Clinton and Ladoga soils.
Tract 3: 96.8 Acres
Tract 4: 12 Acres
Tract 1
Tract 5: 3 & 4 Combined
m a 0 0 : 0 1 A Thursday, June 18, 2015 | W interset, I
Jackson Building | 1204 W. Summit St. |
Consists of 80 gross acres m/l with 73.09 FSA tillable acres. CSR2 is 73.9 for the farm, and on those tillable acres the CSR2 is 79.1 (CSR is 70.7). Taxes: $1,602 annually. Legal Description: W1/2 SE1/4 SEC. 4-TWP 75 N- RGE 26 W FARM PROGRAM INFORMATION: Total Base Acres 43.5 Corn Base: 24.6 acres with a Direct and CC Yield of 100 bu. Bean Base: 18.9 acres with a Direct and CC Yield of 34 bu. All tracts have been enrolled in the ARC-CO election at the Madison County FSA Office as of 3/27/15.
Consists of 121.77 gross acres m/l with 92.72 FSA tillable acres. CSR2 is 43.8 for the farm, and on those tillable acres the CSR2 is 46.7 (CSR is 46). Taxes: $1,276 annually. Legal Description: Part of SE1/4 SEC. 36-TWP 76 N-RGE 27 W FARM PROGRAM INFORMATION: Tracts 2-4 are currently combined. FSA will be responsible for reconstitution after the sale. Total Base Acres: 27.6 Corn Base: 22 acres with a Direct and CC Yield of 86 bu. Oat Base: 5.6 acres Direct and CC Yield of 45 bu.
Kyle Walker: 515.291.5766, [email protected] Rod Good: 515.250.1119, [email protected] Auctioneer: Eric Mueller, 402.660.1044, [email protected]
Consists of 96.8 gross acres m/l with 89.43 FSA tillable acres. CSR2 is 62.6 for the farm, and on those tillable acres the CSR2 is 63 (CSR is 56.1). Taxes: $1,420 annually. Legal Description: Part of S1/2 S1/2 SEC. 31-TWP 76 N-RGE 26 W and Part of SE1/4 SEC. 36-TWP 76 N-RGE 27 W FARM PROGRAM INFORMATION: Tracts 2-4 are currently combined. FSA will be responsible for reconstitution after the sale. Total Base Acres: 27.6 Corn Base: 22 acres with a Direct and CC Yield of 86 bu. Oat Base: 5.6 acres Direct and CC Yield of 45 bu.
2853 220th Street Winterset, IA 50273
Consists of a 12 acre parcel and beautiful country home built in 2000. This 3,614 sq.ft. home has 6 bedrooms, 6 full or partial baths, granite countertops, and a 3 car garage. This tract also features 2 barns and a newer morton building perfect for horses. Taxes: $7,174 annually. Legal Description: Parcel “A”, located in the EAST 80 acres of the S1/2 S1/2 SEC. 31-TWP 76 N-RGE 26 W of the 5th P.M., Madison County, Iowa containing 12 acres, as shown in Plat of Survey filed in Book 2002, Page 5617.
Tracts 3 and 4 will be sold as individual tracts and then be combined and sold as Tract 5. Aerial Map
Soils Map-CSR2
Soils Map-CSR2
State: County: Location: Township: Acres: Date:
Soils data provided by USDA and NRCS.
map center: 41° 19.9238', 93° 53.5192'
Tracts 3 and 4 will be sold as individual tracts and then be combined and sold as Tract 5. Tracts will sell in the manner resulting in the highest total price. Tract 5 consists of 108.8 gross acres with 96.2 tillable acres carrying a CSR2 of 62.5 and CSR of 55.9. Tract also includes State: Iowa County: Madison acreage and buildings. Location: 31-76N-26W Taxes: $8,594 annually. Township: Crawford
Iowa Madison 31-76N-26W Crawford 102.89 4/2/2015
Acres: Date:
102.89 4/2/2015
Soils data provided by USDA and NRCS.
scale: 7724
Area Symbol: IA121, Soil Area Version: 18
31-76N-26W Area Symbol: IA121, Soil Area Version: 18
Madison County Iowa
Code
Soil Description
LaD2
Ladoga silt loam, 9 to 14 percent slopes, moderately eroded
LaC2 CwB
Ladoga silt loam, 5 to 9 percent slopes, moderately eroded
4/2/2015
Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photography Field Office.
ColoEly silty clay loams, 2 to 5 percent slopes
CmE2 ClantonGosport silt loams, 14 to 18 percent slopes, moderately eroded LaB2
Ladoga silt loam, 2 to 5 percent slopes, moderately eroded
ElB
Ely silty clay loam, 2 to 5 percent slopes
ZoA
Zook silty clay loam, 0 to 2 percent slopes
CmD2 ClantonGosport silt loams, 9 to 14 percent slopes, moderately eroded
Code Soil Description**CSR2 Legend Acres Percent of field NonIrr Class CSR2** CSR LaD2 Ladoga silt loam, 9 to 14 percent slopes, moderately eroded 40.41 39.3% IIIe 52 52 LaC2 Ladoga silt loam, 5 to 9 percent slopes, moderately eroded 21.45 20.8% IIIe 78 62
**CSR2 Legend
NonIrr Class
CSR2**
39.3%
IIIe
52
21.45
20.8%
IIIe
78
16.55
16.1%
IIe
77
6.19
6.0%
VIIe
12
6.10
5.9%
IIe
83
6.02
5.9%
IIe
87
IIw 65 70 CmD2 ClantonGosport silt loams, 9 to 14 percent slopes, moderately eroded 1.09 1.1% VIe 21 10 GaD2 Gara loam, 9 to 14 percent slopes, moderately eroded 0.98 1.0% IVe 47 43
1.84
1.8%
IIw
65
1.09
1.1%
VIe
21
0.98
1.0%
IVe
47
CyB 0.80 W 0.67
ColoEly silty clay loams, gullied, 2 to 5 percent slopes 0.8% Vw Water 0.7% Alluvial land, channeled 0.6% Olmitz loam, 5 to 9 percent slopes 0.1% Colo silty clay loam 0.1%
IIw
CwB ColoEly silty clay loams, 2 to 5 percent slopes 16.55 16.1% IIe 77 65 CmE2 ClantonGosport silt loams, 14 to 18 percent slopes, moderately eroded 6.19 6.0% VIIe 12 5 LaB2 Ladoga silt loam, 2 to 5 percent slopes, moderately eroded 6.10 5.9% IIe 83 77 ElB 6.02 ZoA 1.84
Gara loam, 9 to 14 percent slopes, moderately eroded
CyB
ColoEly silty clay loams, gullied, 2 to 5 percent slopes
W
Water
Av
Alluvial land, channeled
OmC
Olmitz loam, 5 to 9 percent slopes
Av 0.65 OmC 0.08
Cu
Colo silty clay loam
Cu 0.06
Ely silty clay loam, 2 to 5 percent slopes 5.9% Zook silty clay loam, 0 to 2 percent slopes 1.8%
IIe
87
84
57
10
0.80
0.8%
Vw
57
0
0
0.67
0.7%
0
Vw
5
25
0.65
0.6%
Vw
5
IIIe
85
57
0.08
0.1%
IIIe
85
74
70
0.06
0.1%
Weighted Average
Area Symbol: IA121, Soil Area Version: 18
Acres Percent of field 40.41
GaD2
**IA has updated the CSR values for each county to CSR2.
3,614 sq. ft. Home
62.2 55.7
Area Symbol: IA121, Soil Area Version: 18 **IA has updated the CSR values for each county to CSR2.
Soils data provided by USDA and NRCS. Kyle Walker: 515.291.5766, [email protected] Rod Good: 515.250.1119, [email protected] Auctioneer: Eric Mueller, 402.660.1044, [email protected]
Soils data provided by USDA and NRCS.
IIw Weighted Average
CS
74
62.2 55
Directions to Property:
From Patterson via Highway 92: Go south on County Road G6R/Terrance Ave. for about a mile. The road will curve to the west—take your first left and go south on Settlers Ln./Terrance Ave. Tracts 2-4 will be on the west side and north side of 220th St. To reach Tract 1 turn east onto 220th St. and go south on Upland Dr. Continue on Upland and turn east on 230th St. The farm will be on the north side of 230th St. in a quarter mile.
Property
Auction Details:
Thursday, June 18, 2015, 10:00 am Jackson Building 1204 W. Summit St. June 2015 Winterset, IA 50273 Sun Mon Tue Wed Thu
Fri
Sat
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Madison County, Iowa Terms and Conditions: Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company, or Peoples Company. Minerals: All mineral interests owned by the Seller, will be conveyed to the Buyer(s). Sale Method: The real estate will be offered in five tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval. All decisions of the Auctioneer are final. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Attorney Jane Rosien the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by both the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing. Earnest Payment: A 15% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held by the closing attorney in their trust account.
Taxes: Real estate taxes will be prorated to closing. Closing: The sale closing is on or before August 18, 2015. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Jane Rosien Attorney. Possession: Possession of farm property will be granted at real estate closing subject to 2015 cash rent lease, and the house at real estate closing. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company or Peoples Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Farmers National Company or Peoples Company will take precedence over any previous printed materials or oral statements. Farmers National Company or Peoples Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Agency: Farmers National Company, Peoples Company, and its representatives are acting as Agents of the Seller. Seller: Jane E. Rosien, Receiver for Tim A. Engnell and Nickie M. Hunter
Joint Auction In Cooperation With Kyle Walker
515.291.5766 | [email protected] 855.800.LAND | www.PeoplesCompany.com
Rod Good Listing #12500
Listing #L1500423
515.250.1119 | [email protected] 515.981.0193 | www.FarmersNational.com
Madison County, Iowa
June 18, 2015 | 10:00 am | Winterset, Iowa Joint Auction In Cooperation With
Tract 2 Tract 3
Peoples Company Listing
#12500 Farmers National Listing
#L1500423 Kyle Walker: 515.291.5766 Rod Good: 515.250.1119 Auctioneer: Eric Mueller 402.660.1044 Joint Auction In Cooperation With
Tract 4
Tract 1: 80 Acres
Tract 2: 121.77 Acres
Opportunity to purchase productive farmland in an area known for quality tillable and recreational ground. 310.57 total acres m/l of Madison County farmland to be sold at public auction in five tracts. Total of 263.31 m/l FSA tillable acres with tracts ranging from 12 acres to 121.77 acres. Top three soils on each tillable tract are Sharpsburg, Clinton and Ladoga soils.
Tract 3: 96.8 Acres
Tract 4: 12 Acres
Tract 1
Tract 5: 3 & 4 Combined
m a 0 0 : 0 1 A Thursday, June 18, 2015 | W interset, I
Jackson Building | 1204 W. Summit St. |
Consists of 80 gross acres m/l with 73.09 FSA tillable acres. CSR2 is 73.9 for the farm, and on those tillable acres the CSR2 is 79.1 (CSR is 70.7). Taxes: $1,602 annually. Legal Description: W1/2 SE1/4 SEC. 4-TWP 75 N- RGE 26 W FARM PROGRAM INFORMATION: Total Base Acres 43.5 Corn Base: 24.6 acres with a Direct and CC Yield of 100 bu. Bean Base: 18.9 acres with a Direct and CC Yield of 34 bu. All tracts have been enrolled in the ARC-CO election at the Madison County FSA Office as of 3/27/15.
Consists of 121.77 gross acres m/l with 92.72 FSA tillable acres. CSR2 is 43.8 for the farm, and on those tillable acres the CSR2 is 46.7 (CSR is 46). Taxes: $1,276 annually. Legal Description: Part of SE1/4 SEC. 36-TWP 76 N-RGE 27 W FARM PROGRAM INFORMATION: Tracts 2-4 are currently combined. FSA will be responsible for reconstitution after the sale. Total Base Acres: 27.6 Corn Base: 22 acres with a Direct and CC Yield of 86 bu. Oat Base: 5.6 acres Direct and CC Yield of 45 bu.
Kyle Walker: 515.291.5766, [email protected] Rod Good: 515.250.1119, [email protected] Auctioneer: Eric Mueller, 402.660.1044, [email protected]
Consists of 96.8 gross acres m/l with 89.43 FSA tillable acres. CSR2 is 62.6 for the farm, and on those tillable acres the CSR2 is 63 (CSR is 56.1). Taxes: $1,420 annually. Legal Description: Part of S1/2 S1/2 SEC. 31-TWP 76 N-RGE 26 W and Part of SE1/4 SEC. 36-TWP 76 N-RGE 27 W FARM PROGRAM INFORMATION: Tracts 2-4 are currently combined. FSA will be responsible for reconstitution after the sale. Total Base Acres: 27.6 Corn Base: 22 acres with a Direct and CC Yield of 86 bu. Oat Base: 5.6 acres Direct and CC Yield of 45 bu.
2853 220th Street Winterset, IA 50273
Consists of a 12 acre parcel and beautiful country home built in 2000. This 3,614 sq.ft. home has 6 bedrooms, 6 full or partial baths, granite countertops, and a 3 car garage. This tract also features 2 barns and a newer morton building perfect for horses. Taxes: $7,174 annually. Legal Description: Parcel “A”, located in the EAST 80 acres of the S1/2 S1/2 SEC. 31-TWP 76 N-RGE 26 W of the 5th P.M., Madison County, Iowa containing 12 acres, as shown in Plat of Survey filed in Book 2002, Page 5617.
Tracts 3 and 4 will be sold as individual tracts and then be combined and sold as Tract 5. Aerial Map
Soils Map-CSR2
Soils Map-CSR2
State: County: Location: Township: Acres: Date:
Soils data provided by USDA and NRCS.
map center: 41° 19.9238', 93° 53.5192'
Tracts 3 and 4 will be sold as individual tracts and then be combined and sold as Tract 5. Tracts will sell in the manner resulting in the highest total price. Tract 5 consists of 108.8 gross acres with 96.2 tillable acres carrying a CSR2 of 62.5 and CSR of 55.9. Tract also includes State: Iowa County: Madison acreage and buildings. Location: 31-76N-26W Taxes: $8,594 annually. Township: Crawford
Iowa Madison 31-76N-26W Crawford 102.89 4/2/2015
Acres: Date:
102.89 4/2/2015
Soils data provided by USDA and NRCS.
scale: 7724
Area Symbol: IA121, Soil Area Version: 18
31-76N-26W Area Symbol: IA121, Soil Area Version: 18
Madison County Iowa
Code
Soil Description
LaD2
Ladoga silt loam, 9 to 14 percent slopes, moderately eroded
LaC2 CwB
Ladoga silt loam, 5 to 9 percent slopes, moderately eroded
4/2/2015
Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photography Field Office.
ColoEly silty clay loams, 2 to 5 percent slopes
CmE2 ClantonGosport silt loams, 14 to 18 percent slopes, moderately eroded LaB2
Ladoga silt loam, 2 to 5 percent slopes, moderately eroded
ElB
Ely silty clay loam, 2 to 5 percent slopes
ZoA
Zook silty clay loam, 0 to 2 percent slopes
CmD2 ClantonGosport silt loams, 9 to 14 percent slopes, moderately eroded
Code Soil Description**CSR2 Legend Acres Percent of field NonIrr Class CSR2** CSR LaD2 Ladoga silt loam, 9 to 14 percent slopes, moderately eroded 40.41 39.3% IIIe 52 52 LaC2 Ladoga silt loam, 5 to 9 percent slopes, moderately eroded 21.45 20.8% IIIe 78 62
**CSR2 Legend
NonIrr Class
CSR2**
39.3%
IIIe
52
21.45
20.8%
IIIe
78
16.55
16.1%
IIe
77
6.19
6.0%
VIIe
12
6.10
5.9%
IIe
83
6.02
5.9%
IIe
87
IIw 65 70 CmD2 ClantonGosport silt loams, 9 to 14 percent slopes, moderately eroded 1.09 1.1% VIe 21 10 GaD2 Gara loam, 9 to 14 percent slopes, moderately eroded 0.98 1.0% IVe 47 43
1.84
1.8%
IIw
65
1.09
1.1%
VIe
21
0.98
1.0%
IVe
47
CyB 0.80 W 0.67
ColoEly silty clay loams, gullied, 2 to 5 percent slopes 0.8% Vw Water 0.7% Alluvial land, channeled 0.6% Olmitz loam, 5 to 9 percent slopes 0.1% Colo silty clay loam 0.1%
IIw
CwB ColoEly silty clay loams, 2 to 5 percent slopes 16.55 16.1% IIe 77 65 CmE2 ClantonGosport silt loams, 14 to 18 percent slopes, moderately eroded 6.19 6.0% VIIe 12 5 LaB2 Ladoga silt loam, 2 to 5 percent slopes, moderately eroded 6.10 5.9% IIe 83 77 ElB 6.02 ZoA 1.84
Gara loam, 9 to 14 percent slopes, moderately eroded
CyB
ColoEly silty clay loams, gullied, 2 to 5 percent slopes
W
Water
Av
Alluvial land, channeled
OmC
Olmitz loam, 5 to 9 percent slopes
Av 0.65 OmC 0.08
Cu
Colo silty clay loam
Cu 0.06
Ely silty clay loam, 2 to 5 percent slopes 5.9% Zook silty clay loam, 0 to 2 percent slopes 1.8%
IIe
87
84
57
10
0.80
0.8%
Vw
57
0
0
0.67
0.7%
0
Vw
5
25
0.65
0.6%
Vw
5
IIIe
85
57
0.08
0.1%
IIIe
85
74
70
0.06
0.1%
Weighted Average
Area Symbol: IA121, Soil Area Version: 18
Acres Percent of field 40.41
GaD2
**IA has updated the CSR values for each county to CSR2.
3,614 sq. ft. Home
62.2 55.7
Area Symbol: IA121, Soil Area Version: 18 **IA has updated the CSR values for each county to CSR2.
Soils data provided by USDA and NRCS. Kyle Walker: 515.291.5766, [email protected] Rod Good: 515.250.1119, [email protected] Auctioneer: Eric Mueller, 402.660.1044, [email protected]
Soils data provided by USDA and NRCS.
IIw Weighted Average
CS
74
62.2 55
Directions to Property:
From Patterson via Highway 92: Go south on County Road G6R/Terrance Ave. for about a mile. The road will curve to the west—take your first left and go south on Settlers Ln./Terrance Ave. Tracts 2-4 will be on the west side and north side of 220th St. To reach Tract 1 turn east onto 220th St. and go south on Upland Dr. Continue on Upland and turn east on 230th St. The farm will be on the north side of 230th St. in a quarter mile.
Property
Auction Details:
Thursday, June 18, 2015, 10:00 am Jackson Building 1204 W. Summit St. June 2015 Winterset, IA 50273 Sun Mon Tue Wed Thu
Fri
Sat
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Madison County, Iowa Terms and Conditions: Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company, or Peoples Company. Minerals: All mineral interests owned by the Seller, will be conveyed to the Buyer(s). Sale Method: The real estate will be offered in five tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval. All decisions of the Auctioneer are final. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Attorney Jane Rosien the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by both the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing. Earnest Payment: A 15% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held by the closing attorney in their trust account.
Taxes: Real estate taxes will be prorated to closing. Closing: The sale closing is on or before August 18, 2015. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Jane Rosien Attorney. Possession: Possession of farm property will be granted at real estate closing subject to 2015 cash rent lease, and the house at real estate closing. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company or Peoples Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Farmers National Company or Peoples Company will take precedence over any previous printed materials or oral statements. Farmers National Company or Peoples Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Agency: Farmers National Company, Peoples Company, and its representatives are acting as Agents of the Seller. Seller: Jane E. Rosien, Receiver for Tim A. Engnell and Nickie M. Hunter
Joint Auction In Cooperation With Kyle Walker
515.291.5766 | [email protected] 855.800.LAND | www.PeoplesCompany.com
Rod Good Listing #12500
Listing #L1500423
515.250.1119 | [email protected] 515.981.0193 | www.FarmersNational.com
